CapitaLand Ascendas REIT Income Statement

Financials in millions SGD. Fiscal year is January - December.

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Rental Revenue	1,539	1,523	1,480	1,353	1,227
Other Revenue	15.12	0.5	0.48	0.35	3.3
Total Revenue	1,554	1,524	1,480	1,353	1,230
Revenue Growth (YoY	1.98%	2.92%	9.40%	10.02%	16.13%
Property Expenses	558.9	559.32	543.7	468.37	392.46
Selling, General & Administrative	16.13	12.39	15.7	16.36	14.19
Total Operating Expenses	575.03	571.7	559.4	484.73	406.64
Operating Income	978.66	951.84	920.86	868.31	823.19
Interest Expense	-268.86	-267.45	-258.71	-189.18	-164.9
Interest & Investment Income	2.61	2.92	2.62	2.25	6.93
Currency Exchange Gain (Loss)	27.88	-25.86	41.2	-37.86	0.1
Other Non-Operating Income	-112.06	36.96	-52.67	134.99	63.92
EBT Excluding Unusual Items	628.24	698.41	653.3	778.5	729.23
Gain (Loss) on Sale of Assets	22.82	45.36	11.83	-	23.99
Asset Writedown	184.43	2.47	-503.17	66.27	276.6
Other Unusual Items	-	-	-	-	13.68
Pretax Income	835.49	746.25	161.95	844.78	1,044
Income Tax Expense	55.77	-17.86	-6.32	84.39	86.47
Earnings From Continuing Operations	779.72	764.11	168.27	760.39	957.04
Minority Interest in Earnings	-10.02	-9.03	-9	-	-
Net Income	769.7	755.08	159.27	760.39	957.04
Preferred Dividends & Other Adjustments	10.02	9.03	9	9	9
Net Income to Common	759.68	746.06	150.27	751.39	948.04
Net Income Growth	1.93%	374.08%	-79.05%	-20.55%	109.38%
Basic Shares Outstanding	4,519	4,396	4,317	4,200	4,128
Diluted Shares Outstanding	4,519	4,396	4,317	4,200	4,128
Shares Change (YoY)	2.81%	1.82%	2.79%	1.75%	12.59%
EPS (Basic)	0.17	0.17	0.03	0.18	0.23
EPS (Diluted)	0.17	0.17	0.03	0.18	0.23
EPS Growth	-0.96%	387.59%	-80.54%	-22.11%	90.53%
Dividend Per Share	0.150	0.152	0.152	0.158	0.153
Dividend Growth	-1.31%	0.30%	-4.04%	3.54%	3.88%
Operating Margin	62.99%	62.48%	62.21%	64.18%	66.94%
Profit Margin	48.89%	48.97%	10.15%	55.53%	77.09%
EBIT	978.66	951.84	920.86	868.31	823.19
EBIT Margin	62.99%	62.48%	62.21%	64.18%	66.94%
Effective Tax Rate	6.68%	-	-	9.99%	8.29%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.